Implementing Good Regulatory Practice in Malaysia

This report examines Malaysia's early experience of implementing regulatory impact
analysis (RIA) to support evidence-based rule making. The introduction of RIA is a
key element of Malaysia's National Policy on the Development and Implementation of
Regulations, launched in 2013. Malaysia has put in place the institutional infrastructure
for implementing RIA at a rapid pace, learning from the experiences of a number of
OECD countries among them Australia, the Netherlands, Korea and Mexico. However, Malaysia
needs to move its attention from advocacy and awareness raising to guiding and supporting
regulators to apply RIA. This report's recommendations focus on the need for the government
of Malaysia to: consolidate the implementation of RIA over the medium-term; integrate
RIA into Malaysia's policy-making processes; and build the capacity inside government
necessary for ensuring high-quality RIA. Implementing these recommendations will assist
not only Malaysia's domestic policy goals but also promote regional integration in
Asia Pacific Economic Cooperation (APEC) and the Association of Southeast Asian Nations
(ASEAN) through supporting regulatory convergence.